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Friday, April 16, 2004

Kansas small businesses can benefit from HSAs

[Kenneth Daniel, "HSAs: New tool for small business health insurance," KSSmallBiz, 31 March 2004.]

Health savings accounts are gaining notoriety as an option for many, and the benefits for small businesses are highlighted in this column by Kenneth Daniel. The article also points out how state legislators are working to make the tool more readily available:

A new and valuable health insurance option for Kansas small businesses should be available within a few weeks. It will make health insurance affordable for many small businesses that don’t have it now, and will help employees afford their share of the costs.

The new Medicare bill signed into law in December by President Bush contained provisions for Health Savings Accounts (HSAs). At least one small business association, KansasFirst, is ready to start marketing policies through a group of Kansas agents. Others are likely to follow soon.


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